Enlaza Therapeutics Raises $100 Million through Its Series A Financing, Led by the Life Sciences Group of J.P. Morgan Private Capital [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
LA JOLLA, Calif., April 30, 2024 BUSINESS WIRE Enlaza Therapeutics , the first covalent biologic platform company, today announced a $100 million Series A financing. The financing will be used to further develop Enlaza's proprietary covalent protein technologies and to support advancement of wholly owned pipeline programs to the clinic. The financing was led by the Life Sciences group of J.P. Morgan Asset Management's Private Capital division, with participation from existing investors: Frazier Life Sciences, Avalon Ventures, Lightspeed Venture Partners, and Samsara BioCapital. The financing also includes new investors: Amgen Ventures, Regeneron Ventures, Bregua Corporation, Pappas Capital, and Alexandria Venture Investments. Concurrent with the financing, Stephen Squinto, Ph.D., Chief Investment Officer (CIO) of the Life Sciences group of J.P. Morgan Private Capital, was named to the Board of Directors. "We are thrilled to close this financing with a group of new and existing in
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